Archives
Audit Report on the New York City Department of Finance’s Administration of the Cooperative and Condominium Tax Abatement Program
Audit Impact Summary of Findings The New York City Department of Finance (DOF) generally ensured that condo and co-op owners who received the Cooperative/Condominium Tax Abatement (Co-op/Condo Abatement) in Fiscal Year 2023 met the eligibility requirements of the program. Since... Read More
Oct 23, 2024
Letter on NYC Sheriff’s Overtime to Department of Finance
Preston Niblack Commissioner New York City Department of Finance 1 Centre Street, 5th Floor New York, NY 10007 Re: Report on the New York City Sheriff’s Office Overtime (Report Number FK24-093S) Dear Commissioner Niblack: The Comptroller’s Office has reviewed overtime... Read More
Sep 30, 2024
Audit Report on the Department of Finance’s Inclusion of Cell Tower Revenue in the Assessment of Real Property Taxes
Audit Finding and Conclusion The objective of this audit was to determine whether the NYC Department of Finance (DOF) ensured that property owners reported cell site income on their Real Property Income and Expense (RPIE) Statements. The audit found that... Read More
Apr 11, 2023
Audit Report on Verizon New York, Inc.’s Compliance with New York City’s Enhanced 911 Surcharge Regulations
Executive Summary The New York City Administrative Code (NYC Administrative Code), Title 11, Chapter 23-A- Enhanced 911 Telephone Surcharge requires telecommunication providers (Service Providers) to impose a monthly surcharge of $1, known as the 911 surcharge, on each telephone line... Read More
Jun 30, 2022
Audit Report on the New York City Department of Finance’s Administration of the Senior Citizen Homeowners’ Exemption Program
Executive Summary The Department of Finance (DOF) is responsible for administering the Senior Citizen Homeowners’ Exemption (SCHE) Program which provides a partial property tax exemption for senior citizens who own one, two, or three family homes, condominiums, or cooperative apartments... Read More
Jun 29, 2022
Audit Report on the New York City Department of Finance’s Oversight over the Collection of 911 Surcharges
Executive Summary The New York City Administrative Code (NYC Administrative Code), Title 11, Chapter 23-A, requires telecommunication companies (Service Providers) to add to their charges for each telephone line within the City of New York (the City) a monthly surcharge... Read More
Nov 17, 2021
Audit Report on the New York City Department of Finance’s Collection of Real Property Transfer Tax and New Real Estate Taxes
Executive Summary The New York City (the City) Department of Finance (DOF) is responsible for administering the City’s tax and revenue laws. For Fiscal Year 2018, it reported collecting approximately $39 billion in revenue and valued more than one million... Read More
Sep 20, 2019
Letter Report on the Department of Finance’s Bail Fund Management
Executive Summary This Letter Report concerns the New York City (City) Comptroller’s audit of the City Department of Finance (DOF) and its management of bail funds. The objective of this audit was to determine whether DOF properly manages its bail... Read More
Jun 21, 2019
Letter Report On The Department Of Finance’s Administration Of The Disability Rent Increase Exemption Program
Executive Summary This audit determined whether the New York City Department of Finance (DOF) has adequate controls in place to ensure that property tax abatement credits (TACs) are issued to only those landlords whose tenants meet the Disability Rent Increase... Read More
Jun 7, 2019
Letter Report on the Department of Finance’s Administration of the Senior Citizen Rent Increase Exemption Program
Executive Summary This Letter Report concerns the New York City Comptroller’s audit of the Department of Finance (DOF) and its administration of the Senior Citizen Rent Increase Exemption (SCRIE) program. The objective of this audit was to determine whether DOF... Read More
May 7, 2019
Audit Report on the New York City Department of Finance’s Restraint and Seizure of Payments to City Vendors with Tax Warrants
EXECUTIVE SUMMARY The New York City Department of Finance (DOF) is responsible for the administration and collection of approximately $37 billion in City revenue, which includes a variety of business taxes. During Fiscal Year 2017, DOF collected approximately $1.3 billion... Read More
Jun 28, 2018
Final Letter Report on the Follow-Up Review of the Removal of Senior Citizen Homeowners’ Exemption for the Ineligible Properties Identified in Our Prior Audit of the New York City Department of Finance
Executive Summary This letter report summarizes the findings of our follow-up review of the New York City (City) Department of Finance’s (DOF’s) removal of the Senior Citizen Homeowners’ Exemption (SCHE) from ineligible properties that were identified in our prior report,... Read More
Dec 8, 2017
Audit Report on the New York City Department of Finance’s Administration of the Veterans’ Exemption Programs
Executive summary This audit of the New York City Department of Finance (DOF) concerns its administration of tax benefits granted to property owners under the Veterans’ Exemption Programs, which provide a partial property tax exemption for veterans, the spouse or... Read More
May 27, 2017
Audit Report on the Tax Classification of Real Property in the Borough of Staten Island by the New York City Department of Finance
Executive Summary This audit of the New York City Department of Finance (DOF) was conducted to determine whether DOF’s procedures ensure that mixed-use properties in the borough of Staten Island classified as Tax Class 1 are correctly classified. In accordance... Read More
Feb 24, 2017
Audit Report On The Compliance Of The New York City Department Of Finance With Executive Order 120 Regarding Limited English Proficiency
Executive Summary This audit was conducted to determine whether the Department of Finance (DOF) is in compliance with Executive Order (EO 120), which requires that City agencies providing direct services to the public create a language access implementation plan, to... Read More
Feb 3, 2017
Audit Report on the Tax Classification of Real Property in the Bronx by the New York City Department of Finance
Executive Summary This audit of the New York City Department of Finance (DOF) was conducted to determine whether DOF’s procedures ensure that mixed use properties in the borough of the Bronx classified as Tax Class 1 are correctly classified. In... Read More
Sep 30, 2016